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China imposes sanctions on seven US military-industrial companies over Taiwan — MFA

US President Joe Biden on Monday approved the country's $895 billion defense budget for the fiscal year 2025 (starting October 1), which mentions China 107 times

BEIJING, December 27. /TASS/. Chinese authorities have imposed sanctions on seven US military-industrial companies and their management for supplying arms to Taiwan, the country's Foreign Ministry said.

According to the statement, the said measures will come into effect on December 27 and are directed against Aerkomm, Hudson Technologies, Insitu, Oceaneering International, Raytheon Australia, Raytheon Canada and Saronic Technologies. The sanctions freeze the real estate and other assets in China of the companies and individuals. They also prohibit Chinese entities and individuals from engaging in any transactions, cooperation, or other forms of interaction with them.

"Recently, the United States again announced the provision of large amounts of aid in the form of weapons, as well as the sale of weapons to the Chinese region of Taiwan," the Foreign Ministry pointed out. According to it, the United States' draft defense budget for the fiscal year 2025 "contains a number of negative provisions regarding China, which seriously violate the ‘one China’ principle."

"This is a serious interference in our country's internal affairs, it seriously undermines our sovereignty and territorial integrity," the statement emphasized.

US President Joe Biden on Monday approved the country's $895 billion defense budget for the fiscal year 2025 (starting October 1), which mentions China 107 times.

Taiwan has been governed by its own administration since 1949, when the remnants of the Kuomintang forces led by Chiang Kai-shek (1887-1975) fled there after their defeat in the Chinese Civil War. Since then, Taiwan has retained the flag and some other attributes of the former Republic of China that existed on the mainland before the Communists took power. Official Beijing considers Taiwan a province of the People’s Republic of China. The United States broke off diplomatic relations with Taiwan in 1979 and established relations with China. While recognizing the one-China policy, Washington continues to maintain contacts with the Taipei government.

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